Google is preparing to roll out a payment system on Sprint phones that would use near-field communications (NFC) technology, according to a report.

Bloomberg reported Tuesday that the service would be available on the Sprint Nexus S across five different U.S. metropolitan regions: New York, San Francisco, Los Angeles, Chicago and Washington, D.C.

Google has sent out announcements to a press event at 11:15 AM local time at Google's New York offices on Thursday, advertised as a partner even where Google will show off its "latest innovations".

Google representatives couldn't immediately be reached for comment. NFC technology is also reportedly being used by the Apple iPhone 5. Three major U.S. wireless carriers recently announced their support for an NFC payment system called Isis, which would let Americans pay for items at retail stores with their mobile phones rather than using physical credit cards.

Google Eric Schmidt, then the company's chief executive, showed off the NFC technology last November at the Web 2.0 Summit in San Francisco, running the "Gingerbread" version of the Android operating system.